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© The Irish Times |
07 Dec '23 |
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Rod Nowlan, Bannon: Retail sector dominates as investment in office and residential sectors collapses
No surprise then that there probably isn’t an owner of a retail park in the country that has not received an unsolicited bid from a European (largely French) or American fund this year. - Subscribe |
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© The Irish Times |
07 Dec '23 |
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Aidan Gavin, Cushman & Wakefield: Commercial property market endures yet another turbulent year
Unsurprisingly investor activity withered against this backdrop – on a rolling 12-month basis investment transactions stood at only €2.5 billion at the end of the third quarter, down almost 60 per - Subscribe |
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© The Irish Times |
07 Dec '23 |
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Kenneth Rouse, BNP Paribas Real Estate: Investment stalls as higher interest rates hit values and hurt sentiment
The numbers speak for themselves. Across Europe investment volumes are down 55 per cent in the first three quarters of this year compared with 2022. Ireland has fared even worse with volumes down by 7 - Subscribe |
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© The Irish Times |
07 Dec '23 |
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Evan Lonergan, Knight Frank: Housing crisis set to deepen as supply of development land dries up
The problem from a supply perspective is that there are very few sites with appropriate planning making their way to the market. Much of what achieved planning in the last five years is of too high a - Subscribe |
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© The Irish Times |
07 Dec '23 |
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Ken MacDonald, Hooke & MacDonald: Fresh strategy needed for private rented sector as development grinds to a halt
Institutional investors and pension funds have provided invaluable assistance to the State and economy and can do so again with favourable conditions and the right incentives. The State is only in a p - Subscribe |
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© The Irish Times |
07 Dec '23 |
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James Nugent, Lisney: Investment spend falls to 10-year low of €1.8bn amidst buyer inertia
The private rented sector (PRS) was not without difficulty either, with the State coming to the rescue by acquiring (through county councils and approved housing bodies) schemes for social housing.
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© The Irish Times |
07 Dec '23 |
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Declan O'Reilly, Knight Frank: Dublin office vacancy rate hovers close to 15% as cost pressures bite
Cautious demand at a time of increased supply has seen prime rents slip back from the €70.00 per sq ft observed at the end of 2022 to €62.50-€65.00 per sq ft currently. Enhanced incentives and r - Subscribe |
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© The Irish Times |
07 Dec '23 |
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John Hughes, CBRE: Portfolio and provincial hotel sales dominate market in 2023
The introduction of a new planning policy adopted by Dublin City Council under their new development plan 2022-2028 is to avoid an over-concentration of hotel development in certain areas of the city - Subscribe |
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© The Irish Times |
07 Dec '23 |
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John Moran, JLL: ‘Subdued’ sums up the 2023 commercial property market as weak global sentiment hits investment
Signs of recovery are evident, with active office leasing requirements in Dublin increasing 57 per cent from the previous year. Furthermore, prime headline rents remain stable for “best-in-class” - Subscribe |
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© The Irish Times |
07 Dec '23 |
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The top 10 commercial property deals of 2023
1. Baldonnell Business Park, Phase II 2. Building One and Two, Greenogue Logistics Park 3. Opus, 6 Hanover Quay, Dublin 2 4. Eglinton Place, Donnybrook, Dublin 4 5. George’s Quay House, Townsend Str - Subscribe |
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© The Irish Times |
07 Dec '23 |
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Sean O'Neill, TWM: 2024 promises mixed fortunes for property owners and opportunities for investors
In particular, many dated office buildings are being looked at by the healthcare, hotel and education sectors, where demand remains strong and occupier demand is a key driver for growth. - Subscribe |
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© The Irish Times |
07 Dec '23 |
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CSO: Planning permissions for apartments more than double
The figures show the Dublin City Council local authority area accounted for more than one in four planning permissions granted for houses or apartments across the State in the third quarter, with 2,27 - Subscribe |
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© The Irish Times |
07 Dec '23 |
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SCCI: Cost of building three-bed semi in Dublin jumps €90,000 to €461,000 in less than four years
The group also calculated that first-time buyers, individuals or couples, purchasing a new three-bed unit in Dublin with a mortgage now needed a minimum total salary of €127,000. - Subscribe |
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© The Irish Times |
07 Dec '23 |
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Objector asked developer for ‘more than €500,000’ to withdraw planning appeal
“We have to ensure that our planning system is not open to this source of abuse because where it impacts in particular on residential developments, it is people who lose out and it’s very serious, - Subscribe |
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© The Irish Times |
07 Dec '23 |
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What does the 2024 housing market have in store? Property experts make their predictions
Orla McMorrow, DNG; Marian Finnenga, Sherry FitzGerald; Stephen Day, Lisney Sotheby's; Guy Craigie, Knight Frank; David Cantwell, Hooke and MacDonald; Sarah Murray, Savills New Homes; - Subscribe |
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© Business Post |
03 Dec '23 |
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What you need to know about Darragh O’Brien’s ‘radical’ new planning rules
The bill states the housing minister will have the power to appoint the first chief executive of An Coimisiún Pleanála.
Following a 15-month review by the Office of the Attorney General, the gover - Subscribe |
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© Business Post |
03 Dec '23 |
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Ivan Gaine, Sherry FitzGerald: Housing reforms starting to gain traction in 2023
At many of our launches we are seeing a similar ratio of four to five times the demand for the number of houses available and we have huge empathy for those aspiring to buy.
While progress is being - Subscribe |
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© Business Post |
03 Dec '23 |
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Aoife Brennan, Lisney: Interest rates and elevated construction costs made greatest impact on market
MSCI data show overall CRE capital values in Ireland fell by 14 per cent in the 12 months to end-September 2023 and by 21 per cent in three years.
Prime yields generally drifted out by 50 to 125 bp - Subscribe |
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© Business Post |
03 Dec '23 |
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Quintain appoints Isabelle Gallagher as Head of Development
She was instrumental in the obtaining of planning permission for 1,800 residential units in the area over the last two years and this work also involved the development of The Crossings urban village - Subscribe |
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© Business Post |
03 Dec '23 |
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Donald MacDonald, Hooke & MacDonald: Housing for All strategy having impact across housing sector
Ireland needs to tap into the domestic and international capital markets’ appetite to fund new affordable and private housing by creating the right conditions to do so.
We have so many factors in - Subscribe |
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